Trend and verser AI indicator V1.01
Indicator Usage Guide (Simple & Effective):
(1) Red Zone + UP Arrow → Go LONG
(2) Green Zone + DOWN Arrow → Go SHORT
(3) Alternating Red/Green Zones → Consolidation Phase (NO TRADING!)
Default parameters are optimized for reliable signals but can be customized as needed.
Instructions:
(1) This indicator is suitable for any trading instrument (stocks, futures, forex, cryptocurrencies, options, etc.) and any timeframe (minutes, hours, days, weeks, months).
(2) The indicator only provides entry signals (buy/sell signals). It does not provide exit signals. Profitability depends entirely on your holding period. This indicator does not guarantee profits.
(3) Arrows come in Red and Blue, representing two different signal types. Red signals may provide more precise reversal points on the candlestick chart compared to Blue signals.
(4) The indicator plots three distinct trend lines: a Red trend line, a Green trend line, and a Yellow trend line.
(5) * When the Red trend line is ABOVE the Yellow trend line, it signifies a Bullish (uptrend) market,consider taking LONG positions based on arrow signals.
* When the Green trend line is BELOW the Yellow trend line, it signifies a Bearish (downtrend) market,consider taking SHORT positions based on arrow signals.
* When the Red and Green trend lines are ALTERNATING (crossing frequently), it signifies a Ranging (sideways/consolidation) market, arrow signals are less reliable during this phase, and trading is NOT recommended.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact zhushanshao directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact zhushanshao directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.